Lord Kennedy of Southwark – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Kennedy of Southwark on 2015-12-15.

To ask Her Majesty’s Government what assessment they have made of the UK’s current CPI and RPI inflation rates.

Lord O’Neill of Gatley

CPI inflation was 0.1 per cent in November 2015 and RPI inflation was 1.1 per cent. Low inflation is being driven by falling food and energy prices, and we continue to see a combination of low prices, rising pay packets and record high employment.